Tower Resources the AIM-listed oil and gas company focused on Africa, is pleased to provide an update on the farm-out process in respect of its Thali production-sharing contract in Cameroon (the “PSC”). The Company is also announcing a placing of 4,401,851,851 ordinary shares of 0.001p each (the “Subscription Shares”) at a price of 0.027p per Placing Share (the […]

Perenco Rio del Rey, one of Perenco’s Cameroon subsidiaries, has announced the commenced a five well development drilling campaign on the Kita Eden field, in the northern section of the Rio del Rey Basin. As a result of its challenging shallow waters (4m) and strong currents, no drilling has taken place in this field since […]

Tower Resources, has received formal notification from the Minister of Mines, Industry and Technological Development in Cameroon (MINMIDT) of the extension of the First Exploration Period of the Thali production-sharing contract (PSC) to 4th February 2025, in accordance with the Company’s PSC and the Cameroon Petroleum Code, and with the approval of the President of […]

Bowleven, the Africa focused oil and gas group with a key interests in Cameroon, has announced that it has been informed by New Age (African Global Energy) Limited, the operator of the Etinde JV, that New Age has received a Notification of Termination from a subsidiary of Perenco S.A. which terminates the conditional sale of […]

Tower Resources, the AIM-listed oil and gas company focused on Africa, has executed a contract with Borr Drilling for the hire of the Norve jack-up rig, one of Borr’s fleet of high-specification drilling units, to drill the NJOM-3 well on Tower’s Thali license in Cameroon in 2024. The Company is also announcing its intention to […]

Cameroon is has renewed her resilient effort to up the country hydrocarbon reserves through further corroboration an Independent Anglo-French oil and gas company Perenco.  The company has revealed that it has signed a new Production Sharing Contract in continuation of the company’s investment commitment in the Rio del Rey basin offshore Cameroon. Perenco has maintained […]

Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter in Africa  has disclosed that Savannah Midstream Investment Limited (SMIL), has signed a Share Purchase Agreement (SPA) with the national oil company of Cameroon, Société Nationale Des Hydrocarbures (SNH), relating to the sale by SMIL and purchase by SNH […]

Savannah has announced that it had entered into a Share Purchase Agreement (SPA) with PETRONAS (E&P) Overseas Ventures to acquire PETRONAS’ upstream and midstream asset portfolio in Chad and Cameroon. Completion of the proposed acquisition remained subject to satisfaction of certain conditions precedent which has not yet been satisfied, and Savannah and PETRONAS have, therefore, […]

Victoria Oil & Gas ( VOG ), whose wholly owned subsidiary, Gaz du Cameroun S.A. (GDC), is the onshore gas producer and distributor with operations located in the port city of Douala, Cameroon has declared provisional provides update on its operations and corporate activities in various locations as stated below. Logbaba Gas production continued in […]

Bowleven, the Africa focused oil and gas Exploration and Production Company with key interests in Cameroon, has announced the expiry of the 30 day right of pre-emption period pertaining to New Age (African Global Energy)’s definitive conditional agreement with a subsidiary of Perenco, to transfer all of New Age’s participating interests in the Etinde permit […]